Auction for Che Kung Festival Fair stalls to be held on November 20

     The Food and Environmental Hygiene Department (FEHD) announced today (November 12) that a public auction for stalls at the 2020 Che Kung Festival Fair will be held on November 20 (Wednesday).
      
     A spokesman for the FEHD said the annual fair will be held for 18 days from January 22 to February 8, 2020, at Chui Tin Street Soccer Pitch in Sha Tin. The upset bidding prices for the 44 dry goods stalls and four wet goods stalls are $2,310 and $550 respectively.
      
     The auction will begin at 9.30am at Wo Che Community Hall, Wo Che Estate, Sha Tin. Dry goods stalls will be auctioned first, followed by wet goods stalls.
      
     Bidders must be at least 18 years old and ordinarily resident in Hong Kong.
          
     Anyone can bid for more than one stall. A bidder must pay the bid price and register in person with his or her own name as the licensee of the stall immediately after successfully bidding for a stall. The bidder is also required to sign at once a licence agreement with the FEHD, or will forfeit the rights to operate the stall.
         
     The spokesman said that successful bidders should comply with all the stipulations and provisions as set out in the licence agreement. Otherwise, the department is entitled to terminate the agreement and the licensee shall immediately vacate the stall.

     The fair site will be made available two days in advance for the setting up of stalls on January 20 and 21, 2020. However, no business shall be conducted on these two days. The Government may without cause postpone the commencement date and shorten the duration of the licensed period (including the duration for setting up stalls and the business period of the fair), or suspend or cancel the fair in whole or in part. The bidding price (licence fee) paid will be refunded to the affected licensee on a pro-rata basis without interest. The licensee and his employees or agents must vacate the licenced area no later than the time specified by the Government verbally (by way of press release, public announcement or other similar communications) or in writing.

     The FEHD reminded licensees that the stalls are solely for the purpose of selling and promoting the sale of the permitted commodities, and no other activities are allowed in the licenced area. If the FEHD considers that any activity conducted by the licensee to publicise, promote, display, show or sell any permitted commodities in the venue is unlawful, immoral or incompatible with the object of the Fair, the FEHD is entitled to direct the licensee to stop conducting such activity and the licensee must immediately comply with such direction.

     Stall licensees should not destroy, damage or abandon any unsold commodities at and in the vicinity of the stall. They shall completely remove the stall structure and all paraphernalia, together with all refuse, debris and unsold commodities (whether damaged or otherwise), from the licensed area before 10pm on February 8, 2020.
      
     For more information about the auction, please call the FEHD's Sha Tin District Environmental Hygiene Office at 2634 0134. Details are also available on the FEHD website at www.fehd.gov.hk.




Exchange Fund Bills tender results

The following is issued on behalf of the Hong Kong Monetary Authority:

     Exchange Fund Bills tender results:
 

Tender date : November 12, 2019
Paper on offer : EF Bills
Issue number : Q1946
Issue date : November 13, 2019
Maturity date : February 12, 2020
Amount applied : HK$116,405 MN
Amount allotted : HK$45,421 MN
Average yield accepted : 1.93 PCT
Highest yield accepted : 1.93 PCT
Pro rata ratio : About 95 PCT
Average tender yield : 2.02 PCT
****************************
Tender date : November 12, 2019
Paper on offer : EF Bills
Issue number : H1975
Issue date : November 13, 2019
Maturity date : May 13, 2020
Amount applied : HK$48,965 MN
Amount allotted : HK$15,000 MN
Average yield accepted : 1.94 PCT
Highest yield accepted : 1.95 PCT
Pro rata ratio : About 52 PCT
Average tender yield : 2.01 PCT

———————————————————
Hong Kong Monetary Authority Tenders to be held in the week beginning November 18, 2019:
 

Tender date : November 19, 2019
Paper on offer : EF Bills
Issue number : Q1947
Issue date : November 20, 2019
Maturity date : February 19, 2020
Tenor : 91 Days
Amount on offer : HK$51,806 MN
****************************
Tender date : November 19, 2019
Paper on offer : EF Bills
Issue number : H1976
Issue date : November 20, 2019
Maturity date : May 20, 2020
Tenor : 182 Days
Amount on offer : HK$17,000 MN

  




InvestHK encourages Shaanxi enterprises to “go global” via Hong Kong amid Belt and Road Initiative (with photo)

     â€‹Invest Hong Kong (InvestHK) held an investment promotion roundtable in Xi'an, Shaanxi Province, today (November 12) to update local enterprises on Hong Kong's business environment and tax advantages, while encouraging local businesspeople to expand their operations globally via the city.
      
     The event, entitled "Belt and Road, Together We Grow", was jointly organised by InvestHK, the Shaanxi Provincial Department of Commerce, the Hong Kong and Macao Affairs Office of Shaanxi Provincial People's Government, the Shaanxi Federation of Industry and Commerce, and the China Council for the Promotion of International Trade, Shaanxi Sub-Council. The roundtable was also supported by the Hong Kong Economic and Trade Office in Chengdu (CDETO) of the Hong Kong Special Administrative Region (HKSAR) Government. The Associate Director-General of Investment Promotion, Mr Vincent Tang; the Director of the CDETO of the HKSAR Government, Miss Li Wan-in; and the Deputy Director of Shaanxi Provincial Department of Commerce, Mr Tang Yugang, delivered welcome remarks at the event.
      
     Mr Vincent Tang told the seminar about how Shaanxi enterprises leverage Hong Kong's business advantages to "go global". "Many Shaanxi enterprises have already set up their business in Hong Kong, using the city as their international platform to 'go global'," he said. "Hong Kong enjoys unique dual advantages under the principle of 'one country, two systems'. It also plays an important role in the Belt and Road Initiative. Shaanxi enterprises can leverage the city's international financial platform and professional services to expand overseas and finance projects, promoting their competitive industries to 'go global'. Looking forward, we can further enhance co-operation between the two places to fully capture the opportunities arising from the Belt and Road Initiative."
      
     He told the audience that the Hong Kong Government has introduced various policies and measures to boost innovation and technology development. It has also introduced tax incentives to promote local research and development (R&D), encouraging private enterprises to undertake more R&D activities.
      
     Head of the Investment Promotion Unit of InvestHK in Wuhan, Ms Helen Zhang, further elaborated on how Mainland enterprises can leverage on Hong Kong's business advantages to "go global". Partner, China Tax and Business Advisory Services, PricewaterhouseCoopers Consultants (Shenzhen) Limited, Xi'an Branch, Ms Jackie Zhao, talked about how Shaanxi enterprises can make use of Hong Kong's taxation advantages to expand their overseas business. The Chief Immigration Officer of the CDETO of the HKSAR Government, Mr Frankie Tsang, explained work visa arrangements for Mainland professionals to enter Hong Kong, while the General Manager of the China Railway First Group (Hong Kong) Company Limited, Mr Hong Haiping, shared his experiences on how to use Hong Kong to expand overseas.
              
About InvestHK
          
     InvestHK is the department of the HKSAR Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.  
                     
     For an event photo, please visit www.flickr.com/photos/investhk/albums/72157711689760068.

Photo  



Asian Ethnic Cultural Performances 2019 set for Hong Kong Cultural Centre Piazza this Sunday

     Asian Ethnic Cultural Performances 2019 will be staged this Sunday (November 17) from 2pm to 6pm at the Hong Kong Cultural Centre Piazza. The event features ethnic performances and activities demonstrating the fascinating diversity of Asia's cultures. Members of the public are welcome to participate in a related workshop and admission is free.
 
     Nineteen Asian countries and places will be joining this year, showcasing entertainment that includes Korean traditional Nongak and Taepyeongmu dances, a Japanese Tokushima Awa dance, Indian classical and Bollywood dances, and folk dance performances of countries such as Bangladesh, Laos, Vietnam, the Philippines and Sri Lanka. In addition, Hong Kong and Macao arts groups will stage a hip hop lion dance and a cheerleading performance respectively.
 
     A series of fringe activities such as traditional arts and crafts, costumes and food displays will be present, as well as a bamboo musical instrument workshop that will introduce the customs and cultures of different places. A CIBS mobile studio supported by Radio Television Hong Kong will also be set up to let members learn about broadcasting.
 
     Asian Ethnic Cultural Performances 2019 is presented by the Leisure and Cultural Services Department. For details please visit the website at www.lcsd.gov.hk/en/cpo/territoryevents/asianethnic/aecp2019.html or call 2591 1340.




Labour Department to hold occupational health public talks

     The Labour Department (LD) will hold a public talk entitled "Prevention of upper limb disorders" on November 19 (Tuesday) at 6.45pm in Activity Room 1, G/F, Hong Kong Central Library, 66 Causeway Road, Causeway Bay. The talk will introduce the causes and preventive measures of upper limb disorders to enhance employees' awareness of the issues. Demonstrations and practice of workplace exercises will be included. 
      
     The LD will hold another talk entitled "Work and diabetes mellitus and hypertension" on November 27 (Wednesday) at 3pm in the lecture room of Fanling Occupational Health Clinic (7/F, Fanling Health Centre, 2 Pik Fung Road, Fanling). The talk will introduce health tips for workers in hot environments, on irregular schedules and when performing heavy manual work in order to promote occupational health awareness of employees with diabetes mellitus or hypertension.

     Both talks will be given by the LD's occupational health nurse in Cantonese. Admission is free. For enquiries or registration, please call 2852 4040.